Samsung Recalls Galaxy Note 7 Phones Over Exploding Batteries

Samsung on Friday recalled its new Galaxy Note 7 smartphones over a battery problem that can cause the devices to catch fire. The company has sold 2.5 million of the waterproof phones, which only made their debut on Aug. 19. Samsung said it had found 35 cases of faulty devices globally. The South Korean company’s stock plunged on Thursday on reports a battery problem would delay future deliveries. The recall and its cost will be so big, said Koh Dong-jin, the head of Samsung’s handset division, “it almost breaks my heart.”